Springfield daily republic. [volume] (Springfield, O. [Ohio]) 1887-1888, 1887-09-03
YOUNG NEW WORKERS.
MEN OF 80 DOING THE BUSINESS
OF THE METROPOLIS.
Youngsters who Are Absolute M"narehs
in the Domain Of Finance. Politics,
Publishing and the Various PrOfes-
sious.Some of the Successful Men.
Special Correspondence.

Special Correspondence
New YORK. Aug 29-"There he isl"
Where. don't see him
.Why. the little fellow in the crowd Of
brokers To the right of that pillar
"Oh. YES, see him now. So that is Eddie
Gouldf'
Yes, that's Eddie Gould, and smart one
he is, too He has all the dash of his father
and the courage of Napoleon. I predict
chat he will make great name in the field OF
speculation before he is - years old"
This conversation took place one day this
week in the board room Of the Consolidated
Stock Exchange The speakers were two
brokers who, in common with the rest Of the
world Of finance. have been amazed at the
nerve of Young Edward Gould. second son Of
Jay Gould. This youngster is not quite :.
Years old ami vet he seems to know all about
the uucksanjs and quagmires of speculation.
Tor the past few weeks he has been tamil
lar figure ON Broadway and in the Consoli-
dated Stock exchange. He has operated like
"a veteran and has made money, too. So sue
cessful has he been in stock speculation that
his bank account is said to stand clean profit
Of S5an.ooO for his summers work. He
watches the stock ticker with feverish inter
est. He knows what every move on the
checkerboari of finance means. lie talks
eloauenty ard sensibly about dividends and
dividend paying roads. He knows all the
Sign posts on the devious road OF specuiatlop
He is full of ideas and youthful enthusiasm I,
and he doesn't hesitate to back his opinion y
with his money. And yet he Is only - years
old. Some people seem TO think that MS
father, Jay Gould, supplies him with money
and the information to operate on, but MI
Gould is on record as saying that he does
nothing OF the kind On the contrary. he Is
opposed to his young son operating in stocks,
and would greatly prefer that he should go to
one of the big colleges to finish his education
Wall street men keep pretty close watch on
any new meteor that may shoot across its
golden horizon, and the brokers, for once. be-
lieved jay Could; for several times the son
has stood up and sold his fathers pet stocks
by the armful and done his best to hammer
down the price, too, while he tucked the
profits snugly away in his ample pocket.
Upon first consideration it seems remarka-
ble that so young n man should stand shoul-
der to shoulder with the giants Of the old
guard of speculation; but upon second
thought il is not SO strange. The truth l. that
almost the entire trade of New York is in the
hands of Young NEIL Wall street is filled
with men not yet 80 years old, who are
capable Of transacting the most diff
cult business and solving the most
perplexing Of commercial problems. Look in
the board room Of the Stock Exchange any
day you please. and you will be astonished to
see dozens Of young men, representing the
Oldest and most solid houses, buying al.1 sell
ing stocks by the thousand sharss. while they
y.ll like Comanche lndiahssat at a dog feast
'Ine must have good lungs as we'll as brain.
% buy and Sis stocks. Yells and boots and
cat 49, ci;st444s are part Of the successful broker'
stock in trade Nearly all the good position.
are filled by young men The enormous
banking business Of the city is in the hands 0
men in the neighbOrhooi OF 80 years ol
age. OF course, there are gruy heads herr
and there in all the banking houses ant
brokers Offices. They act like air brakes oil
the young men, but, as a rule, they have
little to do. They are like the soldiers OF ths
Old Guard; they are on hand to fight only
when ths cshistsr 0f tue enemy has nowet
fhe s9Egne.t,ss H.. =, down
nave the call lhe great dry goods pusiliea
"a WIS eAtN - DN men tI ~ wear
Of age. The jeweiry trade Is nIonopolized IL
the same way. The clothing trade, the boo
and shoe trade, the grain trade, the news
papers, hotels and even the public offices ar,
TO very large extent controlled by men o.
about 30 years Of age.
Let ue tell you who some OF these youn,
fellows ara
Paul Dana is editor OF The Sun during hi.
fathers absence in Europe He is not Yet 3,
years Old Yet he conducts the business OF
the great newspaper as carefully as man OF
80 He writes great deal for the paper, il
full of youthful vigor and mature ideas, anG
be makes himself felt from cellar TO roof il
The Sun office. Nor is it necessity for hin
to work hard He is happily married. has al
income OF $4,000 year, and might, IL he sc
desired, devote himself to pleasure. Instead
he prefers work, and there is no more faithful
and pains aking journalist in newspaper row
than Paul Dana
gilbert Jones, son OF the owner of The New
York Times, is another very young man who
might live life Of ease if he so desired. Bu,
he prefers work, and hard work, too. Hi
talents do not run to writing or keeping
books, but TO machinery He may be seen
iii ldh VI III IDe
press room of The Times watching the presses
work and helping here and there as faithfully
Is u day laborer Young Mr. Jones has All
inventive faculty. and The Times press room
contains many evidences Of his superior skill.
He is not bit conceitej, although he will
some day be the owner of that great news.
paper. He goes about his work in a quiet,
transformations way, and no one to look at
him would suppose tina. he amounted to a
row of pins Yet his patents are worth q
small fortune in themselves, and he could
draw his check for $500 without the
slightest trouble.
George J. Gould, the eldest son OF the great
fnancier, is % Years Of age. He is vice pres
ident Of the Missouri Pacific railroad. an im-
portant officer IN the Western Union Tele-
graph company, and is rated as one Of the
shrewdest Young men in Wall street
John A. Mason, deputy collector OF the
port. is 80 years old. He is the secretary Of
the civil service examining board OF the Gus
tom house, and Is an authority upon all ques-
eions relating to customs duties.
E H. Dunn is the officer in charge Of the
signal service bureau here He is just 80
years of age and is one Of the best meteorolo-
gists i'll the country.
Henry S. Ives, who has suddenly become
notorious by his dealings with Robert Gar
rett, his effort to get control Of the BaIt more
and Ohio Railroad and his failure for mil
lions, is not % He looks even younger.
His face is beardless, and a stranger going
into his Office would take him for young
and indolent clerk, instead of bold and
dashing operator, able TO make and lose mill
ions without losing u wink of sleep He is
one of the most remarkable men seen in Wall
street in many u day.
The manager Of the Coffee Exchange is
Randolph $. Walker He is orly - years
Old.
Assistant District Attorney DE Lancey
NIcoll is only ~. Ii was he who worked up
all the evidence against the ''boodlers,- and
argued their cases before Judge Barrett. He